Our biggest concern is having the product | Fuel companies scramble for gas as Colonial Pipeline outage leads to price surge
A ransomware attack that targeted Colonial Pipeline and led to a service disruption could lead to a price increase next time you visit the gas pump. Author: Tom Dempsey (WUSA) Updated: 4:26 PM EDT May 11, 2021
WASHINGTON Gas companies around the region scrambled to find available fuel on Monday as the investigation into a Colonial Pipeline ransomware attack continued.
The company said the hack was discovered on Friday and led to certain systems being taken offline while all pipeline operations were halted.
Northam: Virginia under state-of-emergency after Colonial Pipeline ransomware cyberattack Jonathan Franklin
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Virginia Governor Ralph Northam signed Executive Order 78 declaring a state of emergency in Virginia to address gasoline supply disruptions throughout the Commonwealth.
Executive Order 78, which was signed on Tuesday, is in place to give fuel transportation waivers and funding for state and local governments to increase the gasoline supply. Back on May 7, 2021, the Colonial Pipeline system, which is the primary fuel source for many Virginia retailers, reported a ransomware cyberattack that resulted in a temporary shutdown.
“This emergency declaration will help the Commonwealth prepare for any potential supply shortages and ensure Virginia motorists have access to fuel as we respond to this evolving situation,” Northam said in a release Tuesday afternoon.